In a move that further reshapes the global liner landscape, Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services Ltd. in an all-cash transaction valued at approximately $4.2 billion, the companies announced today.Under the terms of the me…
Container Shipping Consolidation Continues with $4.2B ZIM Acquisition Read More »
Marine fuel sales at the world’s largest bunker hub of Singapore posted a strong start to 2026, driven by healthy demand and higher price premiums, based on port data and trade sources.January 2026 volumes totalled 5.23 million metric tons, up 16.5% ye…
Singapore Marine Fuel Sales Up 17% Read More »
India has seized three U.S.-sanctioned tanker ships linked to Iran this month and stepped up surveillance in its maritime zone to curb illicit trade, a source with direct knowledge of the matter said on Monday.India aims to prevent its waters…
India Seizes Iran-linked US-Sanctioned Tankers Read More »
Russian wheat export prices rose last week as weather conditions continued to seriously hamper shipments from the country’s southern ports, analysts said.The price of Russian wheat with 12.5% protein content for free-on-board (FOB) delivery…
Russian Wheat Prices Spike on Shipping Difficulties Read More »
Jifmar Group and Seavium have formalized a strategic partnership to deploy digital and artificial intelligence (AI) driven capabilities across Jifmar’s fleet and internal workflows, as offshore operators accelerate adoption of data-driven operations.Un…
Jifmar, Seavium Partner to Roll Out AI Across Offshore Fleet Read More »